OTB: "Favco is a down trending stock, please avoid. How good the FA will not work if TA is not good. Hence I believe TA should come first, then FA. It is my trading strategy. Result speaks louder than philosophy or theory. Please be practical than follow blindly to the book.
Favco is in wrong sector, good FA will not work if you choose the sector wrongly. Presently oil and gas is a wrong sector to look at.
I expect good result in very short term, it is my trading strategy. Thank you." 25/09/2015 08:22
This counter is really good. Believe it or not I believe it can achieve RM5.00. My calculated FV of this counter worth RM6.50 (safety of margin 53%). However, of course it can't be achieve in few days time. I consider this value based on its next 2 quarter results. Means on Feb 16 and May 16. If my these 2 quarters proven increased of profit consistently, I believe 5.00 or 6.50 also achievable....
TP is getting lower and lower when ringgit is getting stronger and stronger. No such thing TP 6. Dreaming for now. People look for high div counter at least 6% div. So you calculate its TP.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
VinTan
157 posts
Posted by VinTan > 2016-01-15 11:08 | Report Abuse
OTB:
"Favco is a down trending stock, please avoid.
How good the FA will not work if TA is not good. Hence I believe TA should come first, then FA. It is my trading strategy. Result speaks louder than philosophy or theory. Please be practical than follow blindly to the book.
Favco is in wrong sector, good FA will not work if you choose the sector wrongly. Presently oil and gas is a wrong sector to look at.
I expect good result in very short term, it is my trading strategy.
Thank you."
25/09/2015 08:22